Austingod

Austingod

oh boy seems like I just love double bottoms. Matic formed a nice one, retested the support, and is currently taking on resistance. This resistance coincides with a previous resistance when it was at an ATH some time back.

Austingod Updated 

MATIC is performing quite well despite the current market conditions. Looks like MATIC on the 1 hour view is testing the neckline of the double bottom. This is yet another double bottom MATIC has made. I would anticipate another run up like we saw with the last double bottom.

Austingod

This idea is more of an update to my double bottom pattern which seems to be more like a potential diamond bottom(bullish) formation.

Austingod

Luna is forming a descending triangle formation with clear support being expressed within the channel. The past few times when the 20 EMA and the 50 EMA squeeze close together(no overlap though) Luna makes a movement upward. Once bullish confirmation is confirmed Luna would be a great buy.

Austingod

Solana is currently in a down trend but looks like it has bottomed out. It is forming a doji candle that hit the 200 day moving average which also happens to correlate(all be it to a loose extent) to a fibonacci tracement level. Great time to buy Sol. Always be aware of BTCs movements in the market.

Austingod

SAND is might break out of a descending triangle here which would only speed up the negative trend. Volume is a possible indication that the bulls are still strong as buying volume has increased. Because of this I would watch out for a false breakdown to previous lows. Either way Sand is will most likely continue its downtrend.

Austingod

MANA bounced off the Fibonacci level support and is making a move upwards with decent momentum. Could be a great time to buy and ride this movement up until it tests resistance again.

Austingod

Looks like MATIC has formed a double bottom in the hour view at the top of an uptrend. MATIC is showing great speed and is looking to retest very shortly.

Austingod

In the hour view looks line MANA has formed a double bottom. This bullish sign along with the recent dip is a great possible bullish indication for MANA. Wait for the retest then enter.